1926-03-20 — Page 22

THE HONGKONG TELEGRAPH.

J. ULLMANN & Co.

Of Paris

(Established 1860)

For Exquisite Jewellery

CHATER ROAD, HONGKONG.

HOTELS.

THE

HONGKONG

HONGKONG HOTEL; REPULSE BAY HOTEL: PEAK HOTEL Telegraphic Address: "KREMLIN, SONGKONG."

AND

SHANGHAI

ASTOR HOUSE HOTEL; PALACE HOTEL; KALEE HOTEL: MAJESTIC HOTEL. Telegraphic Address: "CENTRAL, SHANGHAI”

HOTELS,

LIMITED.

In association with the Grand Hotel Dea Wagons Lite, Peking.

KOWLOON HOTEL THE PREMIER HOTEL IN KOWLOON. First Class Billiard Room and Saloon Bar. Electric Lift and Telephone to each Floor. L'els. K.608 & K.609. Cable address: KOWLOTEL, Hongkong. Under the Iersonal Supervision and Management of FRANK L. COOKE Propeletor.

KING

EDWARD HOTEL.

CENTRAL LOCATION

ELECTRIC LIFTS AND LIGHTING, TELEPHONE ON EACH FLOOR,

HOTEL LAUNOH MEETS ALL STEAMERS'

Central 373.

Telegraphio Address "VICTORIA"

THE EUROPE HOTEL.

SINGAPORE.

Terms: A la carte or Inclusive.

Telephone in every room. After-dinner dancing every Tuesday,' Thursday and Saturday. GRILL ROOM

tlegrams "Europe Singapo; e "

Telephone 2740.

ARTHUR E ODELL,

Managing Director.

Tel: Address: GLENEALY HOTEL. Telephone

C. 980. "Glenealy," Hongkong. 8 & 4, Glenenly,

New Privato Hotel opening, beginning of April, 1926. A first class Residential and Tourist Hotel. Splendidly situated within easy walking distance to all business centres. Large airy rooms. Hot and Cold water Excellent Cuisine under the personal supervision of the Proprietress, Monthly and family rates at moderate terms.

For further particulars apply to:

MRS. FREDERICKS, Rogate, Kowloon, Telephona K. 551, until April 1st

T

"My executors.are to have £1

Whilst motor-cycling near en for a 'wet' " was a direction Flore, Northamptonshiro, Police- will of Mr. W. G. Walters, Sorgeant W. C. Farman crashed stroot, Stratford, E. who into a telegraph pole and was is property (290) to Mias E. found dead sitting on his Re,my only pal.":

nachino,

Printed and Published, for the Proprietor by FREDERICK PERCY FRANKLIN, at 11, Ies House Street, In the City of Victoria, Hongkong.

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FRANCE'S PLIGHT.

FRANC'S NEW LOW 'RECORD.

Paris, March 19.

A new low record for the franc was made to-day, when the rate fell to 137.75. This is attributed

SATURDAY, MARCH 20, 1926.

JAPAN'S TRADE.

MONTHLY REPORT BY CABLE.

FRENCH TRADE,

ADVANCING PRICES, AND WAGES.

The Japanese Consulate-General Paris, Feb. 13. Rlaing_prices in Hongkong sends us the follow-continue to be the feature in all ing commercial news from Japan received by cable yesterday:--- branches of business in France. The wholesale Index for the end

GENERAL CONDITIONS.

The fall in the New York Marof January shows an increase of ket and the gradual increase of

Importe has had some depressing-only one point over that for the effect, but the tone of the market Islend of December, in harmony expected to take a more favour-with, the comparative stability of able turn.

- FOREIGN TRADE.

Value of

..160,000,000 yen

the exchanges during the first

Foreign Trade of Japan during month of the year. But the retail last month:

price index in Paris, comprising thirteen articles of prime neces- Exports.

sity, has climbed from 463 to 480 Value of

Imports

yen (basiz 100 in July, 1914), reflect- Excess of

ing, its classic tendency to follow Imports... 83,000,000 yen at its own slow pace the movement Trade of Japan with China dur-of wholesale prices. In all daily ing last month:-

Value of

Exports Value of

Imports

Excess of

..243,000,000

transactions there is

very noticeable modification.of prices ,48,000,000 yens old "stocks, become exhausted

and new ones have to be cons

,23,000,000 yon tituted.

Exports.....25,000,000 yen

EXCHANGE.

J

As the financial debate drags con in Parliament, and the The Speculative buying of yea than strengthen, there is a grow- exchanges tend rather to weaken abroad has abated. The marketing disposition to consider sterling is dull...

Rates of Exchange quoted by basis. From this it follows that at 130 na permanent working the Yokohama Specic Bank, Tokyo, manufacturers the more readily or the 10th of this month: on consent to wage increases and at New York (telegraphic transfer). the same time put up the prices $45; on London (telegraphic of their products. For instance, |transfer), 19, 10,3-168.

Money Market remains inactive,granted a 5 per cent, increase to the Normandy spinners, have Bank of Japan Notes in circula- their employees, and, the price of tion on the 10th of this month: yarn aas gone up. Further, an 1,117,000,000 yen, being 60,000,000 increase of 10 francs in the price yen under the maximum amount.

per ton of roparutions coke is Amount of Advunee's by the Bank entailing an increase in the prices of Japan on the 10th of this of phosphorus and hematite pig. month: 283,000,000 yen.

Advancing prices, coupled Interest-rate of overnight Call with the recent fresh weakening Loan in Tokyo money market at of the franc on the exchanges, 1 sen sin per. Y100 per diem, seems to be stimulating buyers' at i.e., 5.11 per cent. p.a.

home to renewed demands, but in Investment Debenture issues cases like that of the Roubaix- the Tourcoing cotton Yarn spliners, are expected to appear in market.

who have enough orders on their books to keep them busy for six months, fresh orders are hard to place and are accepted only upon

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Proposed Capital of Industrial to the general political situation. Promotions, and Expansions dur

iron,

It is pointed out that the Governing the last month according to ment's big majority in the vote of the returns of the Bank of Japan: guhruntees against further ad- non-confidence in the Chamber 330,000,000 yen.

vances of wages nad sterling

Entertainments

UBEN

Q

SUPER

Cinem

TO-DAY ONLY.

March 18th to 20th,

RAMON NAVARRO

AND

BARBARA LA MARR

in

"THY NAME IS WOMAN'

A drama of flam ng love set amid Spanish backgrounds of vivid splendour

A METRO PICTURE Directed by

FRED NIBLO

THE STAR

TO-DAY at 5.15 only

FIRST NATIONAL

presents

CYTHEREA

(The Goddess of Love) with

Lewis Stone

11

Norman Kerry

Alma Rubéns

Irene Rick

Constance Bennett.

PRICES:-5.15 80 cts., 50 cts. & 30 cts.

9.15 $1.20, 80 ctś. & 40 cts.

Star Theatre

yesterday was due to the Socialists Amounts of Banks and Stocks rates. supporting the government out of issued during last month accord- Of course the export trade za sympathy with M. Malvy, but that ing to the returns of the Hypothecmains good, but unless the franc when finance is re-discussed M. Bank of Japan: 66,000,000 yen proceeds further on the down- Briand's 200 Left and Centre fol-) Stock Market still remains ward tack manufacturers will are fawers, will be opposed by some active.

long begin to feel the effects of 300 members comprising the Right Quotation on the Tokyo Stuck the increasing costs of foreign and the Socialists, who object to Exchange of the new shares in raw materials and home wages, M. Peret. It is now questioned Kunegafuchi Spinning Company not to mention higher taxes. TO-NIGHT & TO-MORROW NIGHT, March 20tir & Mst. whether the Government will last future delivery on the 10th of this There is also the question. of until after Easter.-Reuter.

MEETING THE DEFICIT.

Paris, March 19

month: 147 yen 80 sen. MERCHANDISE. Though the prices of both silk The Finance Minister, Mand cotton yard declined the mar Raoul Peret, addressing theket is expected to steadily in Chamber Finance- Committee, prove,

working capital. Certain de- cisions taken painfully by the Chamber, in the course of the confused debate on financial, re- form, tend to renew tão flight of savings of all kinds across the

TWO NIGHTS ONLY

at 9.15 p.m.

R. B. Salisbury's

Famous Musical Company

“THE QUAINTS”

estimated the 1926 Budget deficit! Quantities of Raw Silk export-frontiers and to postpone the day|ZB-NIGHT, March 20th, IAN HAY'S GREAT RACING COMDIY at five milliards of francs. Thied during the last month fron. when it will again be possible to will be met by revenues already yokohama and Kobe; 25,100 bales: find public response to bond- approved and by fresh taxation,.

Output of Cotton Yarns during. offerings. In the meantime. com- including a civic tax, indirect

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"THE SPORT OF KINGS"

From the Savoy, London

THE GREAT MUSICAL PLAY

taxation, and duties on produce the last month: 214,000 hales (ofpanies must take the choice. be- tion, of which it is estimated the 40 bundler), according to the re-tween issuing further stock or To-morrow Night March 21st. at 5 p.m. and §. 15 p.m. proceeds will be three milliard turns by the Japan Spinners' As- adding to their short-term loans.

sociation.

from the banks. francs, Reuter.

Quantities of Cotton Yarns ex- ported during the last month: 11,000 bales (of 40 bundles),, aty cording to the returns by the Japan Cotton Yarn and Cloth Ex- porters' Guild.

THE OPTIMIST."

JOCKEY'S FAITH IN OPERATION.

Co-

The Tariff Question The tariff question continues to hang fire. According to informa- tion appearing in the press, it is proposed to raise by 30 per cent. Living on a small pension in North London is an ex-jockey Quotation of the Cotton Yarn the basic duties, not the

efficients. Thus merchandise sub- who in 1923 broke his neck in Standard for future delivery on act to a duty of 100 francs per throo places in a racecourse Osaka Merchandise Exchange on quintal, to which the coefficient accident in India.

the 10 of this month: 260 yen has been applied, making it 300 He came over to this country Quantity of Cotton Goode ex-franca, would pay a basic duty of last year, says a Home writer and ported daring January 74; during 120 francs multiplied by the same has been treated at two hospitals; February 86 million yards, accord-cnefficient-i.e., in all 890 francs. there is only one chance in ing to the returns by the Japan The Government must demand. hundred, ho has been told, of an Cotton Yarn and Cloth Exporters' revival of the authorisation, now operation being successful. Yet Guild. ho is quite prepared to face the Amount of Bills cleared through if this scheme is to go through Lapsed, to alter the rates by dacree risk if he can find a surgeon who out the country during the month without delay. Naturally, will undertake. the task.

it before last: 7,027,000,000 yen. "They called mo "The optimist" Merchandise in Stock through-lanomalies in the pre-war tariff, would emphasise the existing in India," said the former jockey, out the country at the end of the the revision of which, according Mr. J. Dale, but am confident month before last: 517,000,000 yen to the Minister, continues to make progress under the hands of the experts.

that I can be cured."

To outward appearance Mr.

CHARTER MARKET.

Date looks normal, and can move cipating the revision of the Im Pacile, weak; Australa, anti-

his head in any direction.

The Franco-German nugotin- tions still drag on in Paris, but all that has been achieved as yet is a provisional arrangement to last three months whereby French

But, to quote his own words, port Tarif, shows activity: South his body is like "one huge funny

Seas and South China, steady. bono." Duo, as he believes, to pressure of a piece of bone on the spinal cord, over the whole aur-] Récord business, and profits agricultural products are to enjoy. face of his body is a tingling during 1925 are announced by most-favoured-nation treatment in sensation, which only stops dur, Mesara, Selfridge and Co., Ltd. return for advantages accorded to ing the time he is asleep.

After the deduction of all salaries German chemicals, agricultural He has also lost all sense of and making ample provision for machinery, household articles, touch in the darkness..

depreciation, but excluding in-furniture, and timber of certain Mr. Dalo's scoidont came about come tax, the net profit is categorica, This is the mouse to while he was. riding a mount £504,160. Of this sun £45,000 is which the mountain has given inaptly named

"Charitable," reserved for income tax, £25,000 birth after 16 months of negotia which came to the ground, break for depreciation of fixtures, tions. ing a leg...

| £25,000 for writing down invest- Altogether Dale was in hospital, ments, £50,000 for writing down for 16 months-ho has been leaseholds, and £50,000 is added. X-rayed 26 times-for, in addition to the reserve fund. It is pro- to his broken neck, he fractured posed to pay a dividend on Or two ribs, his right foot and his dinary shares of 15 per cont, free right fore-arm

of income tax. After allowing For 23 years Mr. Dale was in for certain other reservations, the India aa trainer and rider.

amount to be carried forward in £137,995.

Before You Advertise

DISCOVER. WHICH NEWSPAPER

Your Friends Read

"NO, NO, NANETTE”

From the PALACE THEATRE, LONDON. Booking a MOUTRIE'S.

PRICES $4, $2 & 31.

"HONGKONG THREE CARD TRICK.

exploited in Paris, with vory Black satin frocks are being

great success and it is expected that black will something come Back in the very near future.

A flannel dress for walking has inverted pleats to give width to the skirt at the sides, and shirring

out rapidly. The bateau line is The high neck line is passing.

better for spring.

Lisle hose for travelling are being much worn with low-heeled brown Oxfords.

Pastel shades for evening weat in front of the shoulders, to give are out, but sometimes one sees room in the upper part of the them in flannels and Jersey, for frooks

sport wear.